The global liver health supplements market has grown strongly in recent years. It will grow from $10.1 billion in 2023 to $10.63 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to rising prevalence of liver diseases, growing awareness of the importance of liver health, aging population, diet and lifestyle.
The global liver health supplements market is expected to see strong growth in the next few years. It will grow to $13.14 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to growing popularity of self-care, non-alcoholic fatty liver disease, personalized nutrition, increasing popularity of e-commerce, holistic health approach. Major trends in the forecast period include advancements in liver health supplement research and development, natural and herbal ingredients, clinical research and transparency, detoxification products, nutraceutical innovation.
The increasing worldwide consumption of alcoholic beverages is anticipated to drive the expansion of the liver health supplements market in the foreseeable future. Alcohol consumption involves the regular intake of alcoholic drinks, primarily containing the active component ethanol. Liver health supplements serve as a beneficial aid for individuals with elevated alcohol consumption by offering support to the liver, which plays a vital role in eliminating toxins from the body. These supplements typically contain ingredients like milk thistle, dandelion root, and kudzu root, which can promote liver function by facilitating detoxification and reducing inflammation. For example, a report released by Kirin Holdings Company Limited in December 2022 revealed that the global beer consumption in 2021 reached approximately 185.60 million kiloliters, marking a 4.0% increase from the preceding year. Hence, the surge in alcohol consumption worldwide is propelling the liver health supplements market's growth.
The growing incidence of chronic liver diseases is expected to be a significant driver for the expansion of the liver health supplements market in the foreseeable future. Chronic liver diseases encompass a group of long-term, often progressive, and potentially life-threatening medical conditions that adversely affect the structure and function of the liver over an extended period. Liver health supplements play a role as complementary or supportive measures in the management of chronic liver diseases. While these supplements are not a replacement for medical treatment and necessary lifestyle changes, they can be integrated into a comprehensive care strategy to provide support for liver function and overall liver health. For example, data from June 2021, as reported by the National Library of Medicine, indicates that there are an estimated 1.5 billion cases of chronic liver disease globally. Hence, the increasing prevalence of chronic liver diseases is fostering the growth of the liver health supplements market.
The stringent regulations in place have the potential to hinder the expansion of the liver health supplements market during the forecast period. The market for liver health supplements is subject to rigorous restrictions that may increase compliance costs and reduce the profitability of market players. For example, in April 2021, BASF and DIEM reached a settlement with the Federal Trade Commission (FTC) following allegations of false promotion of fish oil supplements, where they claimed these supplements could be used to treat liver disease. The combined cost of providing refunds to deceived consumers amounted to $416,914 for BASF and DIEM. Hence, these stringent regulations are posing challenges to the growth of the liver health supplements market.
The prominent companies in the liver health supplements market are committed to introducing cutting-edge products to reinforce their market presence. The development of innovative supplements has gained momentum, as these products are designed to promote the growth of new liver cells, thereby enhancing overall liver function. For example, in March 2023, Evogen Nutrition, a US-based company specializing in promoting a healthy lifestyle through nutrition, unveiled Evogen Liver Longer, a novel dietary supplement crafted to provide comprehensive support for liver health. This supplement incorporates a range of ingredients known for their liver-supporting properties, including tauroursodeoxycholic acid (TUDCA), siphons, and milk thistle extract. These components offer potent antioxidant support, contributing to the protection and enhancement of liver function.
In February 2022, Orkla Health AS, a UK-based health food supplements company, completed the acquisition of Healthspan for a sum of $82.80 million. This strategic acquisition empowers Orkla Health to expand its portfolio of health services and reinforce its presence in the dietary supplement market. Healthspan is a UK-based manufacturer of health supplements, specializing in the production of liver health supplements.
Major players in the liver health supplements market are The Archer-Daniels-Midland Company, Sanofi SA, Amway Corp., Balchem Corporation, Himalaya Wellness Company, NOW Foods Inc., Metagenics Inc., Aker BioMarine ASA, Enzymedica Inc., Jarrow Formulas Inc., Garden of Life, Designs for Health Inc., Nature's Way Products LLC, Swanson Healthcare Products Inc., Irwins Natural, Integria Healthcare Pty Ltd., Integrative Therapeutics Inc., Premier Research Labs, Gaia Herbs Inc., Pure Encapsulations Inc., Solgar Inc., Renew Life, NutraBio, Nature's Bounty Inc., Nutralife Health Products Inc., Organifi, Terry Naturally Vitamins, Natures Craft, Source Naturals Inc., America's Finest Inc.
Asia-Pacific was the largest region in the liver health supplements market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in liver health supplements report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the liver health supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories of liver health supplements include vitamins and minerals, herbal supplements, and other related products. Vitamins and minerals are crucial micronutrients essential for maintaining the body's optimal health and functioning. They are formulated to provide nutrients that can support liver health and assist the liver in carrying out its vital functions. These supplements come in both organic and conventional forms, including dry, tablets, powder, and liquid. They are made available through a variety of distribution channels, including hospital pharmacies, retail pharmacies, and online pharmacies.
This report provides liver health supplements market statistics, including liver health supplements industry global market size, regional shares, competitors with a liver health supplements market share, detailed liver health supplements market segments, market trends and opportunities and any further data you may need to thrive in the liver health supplements industry. This liver health supplements market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The liver health supplements market consists of sales of milk thistle supplements, curcumin supplements, artichoke leaf extract supplements, dandelion root supplements, alpha-lipoic acid supplements and liver support complexes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The global liver health supplements market is expected to see strong growth in the next few years. It will grow to $13.14 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to growing popularity of self-care, non-alcoholic fatty liver disease, personalized nutrition, increasing popularity of e-commerce, holistic health approach. Major trends in the forecast period include advancements in liver health supplement research and development, natural and herbal ingredients, clinical research and transparency, detoxification products, nutraceutical innovation.
The increasing worldwide consumption of alcoholic beverages is anticipated to drive the expansion of the liver health supplements market in the foreseeable future. Alcohol consumption involves the regular intake of alcoholic drinks, primarily containing the active component ethanol. Liver health supplements serve as a beneficial aid for individuals with elevated alcohol consumption by offering support to the liver, which plays a vital role in eliminating toxins from the body. These supplements typically contain ingredients like milk thistle, dandelion root, and kudzu root, which can promote liver function by facilitating detoxification and reducing inflammation. For example, a report released by Kirin Holdings Company Limited in December 2022 revealed that the global beer consumption in 2021 reached approximately 185.60 million kiloliters, marking a 4.0% increase from the preceding year. Hence, the surge in alcohol consumption worldwide is propelling the liver health supplements market's growth.
The growing incidence of chronic liver diseases is expected to be a significant driver for the expansion of the liver health supplements market in the foreseeable future. Chronic liver diseases encompass a group of long-term, often progressive, and potentially life-threatening medical conditions that adversely affect the structure and function of the liver over an extended period. Liver health supplements play a role as complementary or supportive measures in the management of chronic liver diseases. While these supplements are not a replacement for medical treatment and necessary lifestyle changes, they can be integrated into a comprehensive care strategy to provide support for liver function and overall liver health. For example, data from June 2021, as reported by the National Library of Medicine, indicates that there are an estimated 1.5 billion cases of chronic liver disease globally. Hence, the increasing prevalence of chronic liver diseases is fostering the growth of the liver health supplements market.
The stringent regulations in place have the potential to hinder the expansion of the liver health supplements market during the forecast period. The market for liver health supplements is subject to rigorous restrictions that may increase compliance costs and reduce the profitability of market players. For example, in April 2021, BASF and DIEM reached a settlement with the Federal Trade Commission (FTC) following allegations of false promotion of fish oil supplements, where they claimed these supplements could be used to treat liver disease. The combined cost of providing refunds to deceived consumers amounted to $416,914 for BASF and DIEM. Hence, these stringent regulations are posing challenges to the growth of the liver health supplements market.
The prominent companies in the liver health supplements market are committed to introducing cutting-edge products to reinforce their market presence. The development of innovative supplements has gained momentum, as these products are designed to promote the growth of new liver cells, thereby enhancing overall liver function. For example, in March 2023, Evogen Nutrition, a US-based company specializing in promoting a healthy lifestyle through nutrition, unveiled Evogen Liver Longer, a novel dietary supplement crafted to provide comprehensive support for liver health. This supplement incorporates a range of ingredients known for their liver-supporting properties, including tauroursodeoxycholic acid (TUDCA), siphons, and milk thistle extract. These components offer potent antioxidant support, contributing to the protection and enhancement of liver function.
In February 2022, Orkla Health AS, a UK-based health food supplements company, completed the acquisition of Healthspan for a sum of $82.80 million. This strategic acquisition empowers Orkla Health to expand its portfolio of health services and reinforce its presence in the dietary supplement market. Healthspan is a UK-based manufacturer of health supplements, specializing in the production of liver health supplements.
Major players in the liver health supplements market are The Archer-Daniels-Midland Company, Sanofi SA, Amway Corp., Balchem Corporation, Himalaya Wellness Company, NOW Foods Inc., Metagenics Inc., Aker BioMarine ASA, Enzymedica Inc., Jarrow Formulas Inc., Garden of Life, Designs for Health Inc., Nature's Way Products LLC, Swanson Healthcare Products Inc., Irwins Natural, Integria Healthcare Pty Ltd., Integrative Therapeutics Inc., Premier Research Labs, Gaia Herbs Inc., Pure Encapsulations Inc., Solgar Inc., Renew Life, NutraBio, Nature's Bounty Inc., Nutralife Health Products Inc., Organifi, Terry Naturally Vitamins, Natures Craft, Source Naturals Inc., America's Finest Inc.
Asia-Pacific was the largest region in the liver health supplements market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in liver health supplements report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the liver health supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories of liver health supplements include vitamins and minerals, herbal supplements, and other related products. Vitamins and minerals are crucial micronutrients essential for maintaining the body's optimal health and functioning. They are formulated to provide nutrients that can support liver health and assist the liver in carrying out its vital functions. These supplements come in both organic and conventional forms, including dry, tablets, powder, and liquid. They are made available through a variety of distribution channels, including hospital pharmacies, retail pharmacies, and online pharmacies.
This report provides liver health supplements market statistics, including liver health supplements industry global market size, regional shares, competitors with a liver health supplements market share, detailed liver health supplements market segments, market trends and opportunities and any further data you may need to thrive in the liver health supplements industry. This liver health supplements market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The liver health supplements market consists of sales of milk thistle supplements, curcumin supplements, artichoke leaf extract supplements, dandelion root supplements, alpha-lipoic acid supplements and liver support complexes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Liver Health Supplements Market Characteristics3. Liver Health Supplements Market Trends and Strategies32. Global Liver Health Supplements Market Competitive Benchmarking33. Global Liver Health Supplements Market Competitive Dashboard34. Key Mergers and Acquisitions in the Liver Health Supplements Market
4. Liver Health Supplements Market - Macro Economic Scenario
5. Global Liver Health Supplements Market Size and Growth
6. Liver Health Supplements Market Segmentation
7. Liver Health Supplements Market Regional and Country Analysis
8. Asia-Pacific Liver Health Supplements Market
9. China Liver Health Supplements Market
10. India Liver Health Supplements Market
11. Japan Liver Health Supplements Market
12. Australia Liver Health Supplements Market
13. Indonesia Liver Health Supplements Market
14. South Korea Liver Health Supplements Market
15. Western Europe Liver Health Supplements Market
16. UK Liver Health Supplements Market
17. Germany Liver Health Supplements Market
18. France Liver Health Supplements Market
19. Italy Liver Health Supplements Market
20. Spain Liver Health Supplements Market
21. Eastern Europe Liver Health Supplements Market
22. Russia Liver Health Supplements Market
23. North America Liver Health Supplements Market
24. USA Liver Health Supplements Market
25. Canada Liver Health Supplements Market
26. South America Liver Health Supplements Market
27. Brazil Liver Health Supplements Market
28. Middle East Liver Health Supplements Market
29. Africa Liver Health Supplements Market
30. Liver Health Supplements Market Competitive Landscape and Company Profiles
31. Liver Health Supplements Market Other Major and Innovative Companies
35. Liver Health Supplements Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on liver health supplements market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for liver health supplements? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Report Scope
Markets Covered:
1) By Product: Vitamin and Minerals; Herbal Supplements; Other Products2) By Nature: Organic; Conventional
3) By Form: Dry; Tablets; Powder; Liquid
4) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
Key Companies Mentioned: The Archer-Daniels-Midland Company; Sanofi SA; Amway Corp.; Balchem Corporation; Himalaya Wellness Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Methodology
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